The way it works is there is help from above – So if a person hasn’t found 2 people, The people above them are bringing in more people and their landing underneath those people.

There’s also helping from below, so eventually these spots get filled by somebody – And people want to earn money. It’s peer-to-peer so nothing goes through the back office. It’s basically people power, helping each other – fast.

I see what some of you are saying with understanding the math – But this isn’t a “scam” The company only makes the 29$ fee for use of the back office. And don’t you realize that if people stop buying a companies product(s) then that company collapses?

That’s just basic economics. Except with this it’s a way that people can come together and fund each other – And that’s a good thing! And people know they need to bring on 2 people..

You guys are so focused on what usually happens and saying like: “Oh just wait till it slows down”. Yes, the company needs people to run! So what? So does a lot of other shit!

This isn’t a scam, It’s working for the people who work it. And follow the rules. And it’s not illegal, It’s co-op crowdfunding. And the best part is, it’s peer to peer and it’s fast!

They tell you to bring 2 people because once you do your even forever! Then you got people above and below you filling the spots with you.

This is fine man.. It’s not a scam, there’s no hard work, no selling shit.. Anybody can get on board with this. Don’t join it if you can help 2 people out.

I see a lot of people promoting this in the same lines of big companies such as Go Fund Me.

The difference is quite clear. With them legal companies you are donating knowing you will not make a return (Giving money for a good cause etc) With this 50/50 scam you are giving money on the basis you are expecting a return.

Several years ago I was offered a fund raising job. The job offered a 25% commission. After doing some research, I found out that it was just another pyramid scheme, like this 5050cf.

The company wasn’t really fund raising for any charities. After many complaints, many states Attorney Generals sued the company and shut it doing and the IRS went after as many people as they could track down, they were prosecuted.

nthabie:
i Totally agree with oz…this is just a way of stealing money from other people while you think you are investing..

Nobody thinks that handing over $250, waiting for other mugs to join and then being paid $750 for nothing, is investing.

Whatever they may pretend, including to themselves.

one way or the other those who have used the system first they tend to gain more,, unless if there was a way where everyone is forced to re donate to others and the spill overs to be divided equally.

If all “spill overs” were divided equally then the end result is that everyone would end up with exactly the same amount of money that they started with. It’s a zero-sum game. Who would sign up for that?

How is it that a crowdfunding MLM is even legal? Whether it’s a donation or what. Pyramid scheme. And this is NOT a Salvation Army charity game! It’s a pure pyramid scheme! Having two recruit two then recruit two! Eventually everything dries up! And the bottom will pay the uplines!

No tangible products at all!

Just same old same old David rosen’s scheme! Conned thousands of innocent people! Jail this guy!

Alright this shit just hit France and knowing people that are in MLM, I just started to hear about it.

The a little difference with the systems now, is that the lowers “gift” is at 25$ for 150$ on returns.

Know I understand and agree with a lot that was said here (comment & post) but I have a few questions:

1-this post is from mid 2018,so if it’s really a scam why wasn’t it been taken down yet? And how much time can these systems survive?

2-like I said it’s new in France, and hearing about it early make me able to be around the top of the pyramid and the still a lot of people who are ready to enter the scam chain under me.

So my question is, if I play the gifting game over and over with more and more money, what do “I” have to loose with a full matrix. Is it possible that I loose money? (plus the system does not pass by banks but directly by PayPal accounts).

This is nut, it’s a straight up pyramid!!! WAKE up people they do make money for some by scamming others! bank robbing works until you get shot or thrown in jail. Just because some people make money does not make it legal!!!

If you can sleep at night by scamming others good for you, that is not for me. enjoy your illegal gains until you might be in jail!!

Looks like this MAJOR scammer, Rosen, will be starting a new scam soon! What a scumbag! Let’s get this crook thrown in jail! Here is an email I received from a ponzi player:

Hi,

GIVE – SHARE – RECEIVE

Do you want or need more money?

Do you know 3 or more people who also want

or need more money?

The subject of this mail is an offshoot of David Rosen’s 50/50 program.

David seems mostly focused on the aspect of helping people that have never been able to succeed. I was impressed with that as he seems to have a genuine concern with helping as many people as possible.

He also says that the program is complete, tested and ready to go and that we should get ready.

At present, there is no sign-up affiliate link and David says get 3 or more and help your 3 get 3 or more and be ready.

So I’ve been reaching out to people to try and ensure that anyone that wants to participate has the people to join when ready. But he says he designed it so everyone can succeed and it has the potential to create generational wealth of a million a month, so I’m pretty excited about it all and he’s been very successful with 50/50 over the years so it was a great confidence builder for me.

There are 3 steps that we need to do:

1. Have roughly $30 USD or equivalent in crypto 2.

2. Have 3 or more friends with the same $30 or crypto

3. Have those 3 have 3 with $30 or crypto and that could make you a multi-millionaire in 2019.

I am rather excited about it as he has been involved with crowdfunding since 2002 with his launch of 50/50 and that has made him millions. He mentioned this new initiative as his crowning achievement. So I really believe this could be a game changer for us all and can’t wait for all of it to get started.

I was able to upload the Zoom meeting and if you have Facebook, you can view it here:

facebook.com/2194068753938821/videos/769277830086649/

He doesn’t start talking about the new project until around the 31-minute mark if you want to run it ahead, but he says he has it tested out to 1 billion people so that alone is pretty impressive.

I am taking names of those interested so that after I get my 3, I will help build theirs and if I get sufficient people interested I will also build their own downline.

Please let me know if you are interested and whether you think you can get 3 friends or more to join you.

If you have people interested, send me their names as you get them (only names and no e-mail addresses) so that I will fill only vacant spots.”

Like I already mentioned I agree a lot with what was said here. I didn’t really need the hate.

I understand the damage that can be afflicted of the ever growing last step of the pyramid and how it can affect the lower class and community’s as a hole (look at the historic of MLM and pyramid-sceams on Hispanic culture for more info).

But I don’t believe in holding back information for moral reasons (it’s fall in the “fake news” basket for me).

So to resume everything and if my understanding is correct, yes you can win money out of this scam if you have a full matrix, but know that this money is generated from the loss of the botom line, and if that line is big enough it can seriously affect the buyer’s power of a community/country.

This is why these type of practice should be illegal even of they seem as an opportunity at a individal level.

I don’t know what kind of juridical sanction you can receive if the site is taken down, But depending on the number of participant i think it would be a very light sanction if there even is one (lol I don’t think everybody going to jail).

Have a good day 🙂

Ps: it’s pretty common in these type of scams that the CEO says something like “I do this to help the people” and when I started to look into 50/50 crowdfunding, I saw a certain numbers of article praising Rosen as a “good guy” and talking about how great he is.

He started as a admin with give1 get4 (g1g4) and made some money. 20 million apparently. However after it crashed big time, he spent everything within a few years. It’s very similar to 50 50.

He says he understands number but ignores the fact that more people loose out that those that win. No new money is created, it took me a while to understand that simple fact.he tries to pressure and blackmail anyone who chooses to say anything against him as it destroys his bubble.

He is not trusted with moneY or financial things, that’s why he needs a middleman on papers and payment processors. he should be in jail so he understand more clearly.

A COMMENT FROM JOE BORRAS ASKED IF THERE WAS A VICTIM THAT HAS LOST WITH 50/50 CROWD FUNDING.

WELL I HAVE. I AM AN ELDERLY PENSIONER AND RECENTLY LOST MY HUSBAND ON 6TH DECEMBER 2018. ONE OF THE FRAUDSTERS, WHOM I KNOW FROM BEING ASSOCIATED WITH OTHER MATRICES, ANDIS NOW IN THE OFFICE WITH 50/50 IN SOUTH AFRICA ASSURED ME THAT HE WOULD HELP ME TO JOIN THE MATRIX. I WAS TOLD TO PAY APPROX $145 (ZAR 2000) AND THEY WOULD BUY MY TOKENS NEEDED TO JOIN AND THEY WOULD HELP ME TO FIND PEOPLE TO GO ON MY NAME.

I WAS THEN REGISTERED BY THEM FOR $25 (!!) AND EVEN THOUGH I GET EMAILS TELLING ME TO PAY FURTHER $25 OR THAT PEOPLE HAVE PAID ME I HAVE NEVER RECEIVED A CENT NOR HAVE I RECEIVED THE DIFFERENCE BETWEEN $145 PAID IN AND $25 SUPPOSEDLY PAID TO SOME ONE.

WHEN I TRY TO REPORT THIS THEFT TO THE LEADERS THEY SHUT MY OUT AND CLOSE RANKS. I HAVE NEVER BEEN ABLE TO WRITE COMMENTS ON THE CHAT GROUP AS THAT IS FOR ADMIN ONLY.

I HAVE WRITTEN TO SUPPORT AND NOTHING IS DONE ABOUT THAT I HAVE NEVER RECEIVED AN EMAIL FROM THEM EVEN ACKNOWLEDGING THAT THEY RECEIVED MY EMAIL!

SO MR JOE BORRAS, IF I HAVE BEEN STUNG AND AM FORCED TO REMAIN SILENT BECAUSE OF THE SYSTEM, HOW MANY OTHER PEOPLE HAVE BEEN CAUGHT BY THESE EVIL “LEADERS” STEALING MONEY FROM THE ELDERLY AND VULNERABLE.

THAT’S WHY YOU DONT HEAR ABOUT THESE SCAMS. THOSE THAT ARE SCAMMED HAVE NO VOICE!!!!!

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